3G Capital Partners LP Grows Stock Holdings in Meta Platforms, Inc. $META

Key Points

• 3G Capital Partners LP has increased its stake in Meta Platforms, Inc. by 9.7%, now holding 85,000 shares, which represents 14.1% of its total portfolio and a value of approximately $48.99 million.
• Several analysts have raised their target prices for Meta shares significantly, with current targets ranging from $825.00 to $905.00, reflecting strong confidence in the company's future performance.
• Meta Platforms reported a quarterly earnings per share of $7.14, exceeding expectations and demonstrating a year-over-year revenue growth of 21.6% to $47.52 billion.

3G Capital Partners LP raised its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 9.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 85,000 shares of the social networking company's stock after acquiring an additional 7,500 shares during the quarter. Meta Platforms comprises 14.1% of 3G Capital Partners LP's holdings, making the stock its largest position. 3G Capital Partners LP's holdings in Meta Platforms were worth $48,991,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Inlight Wealth Management LLC bought a new position in shares of Meta Platforms during the first quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Meta Platforms during the first quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Meta Platforms during the first quarter worth approximately $33,000. JCIC Asset Management Inc. increased its holdings in shares of Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock worth $46,000 after purchasing an additional 40 shares during the period. Finally, Stuart Chaussee & Associates Inc. bought a new position in shares of Meta Platforms during the fourth quarter worth approximately $47,000. 79.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. DA Davidson raised their target price on shares of Meta Platforms from $650.00 to $825.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Oppenheimer lifted their price objective on shares of Meta Platforms from $775.00 to $870.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. KeyCorp lifted their price objective on shares of Meta Platforms from $800.00 to $905.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. lifted their price objective on shares of Meta Platforms from $795.00 to $875.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Finally, Citizens Jmp lifted their price objective on shares of Meta Platforms from $750.00 to $900.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $822.41.

Meta Platforms Trading Down 1.7%

NASDAQ META opened at $738.70 on Tuesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.15. Meta Platforms, Inc. has a twelve month low of $479.80 and a twelve month high of $796.25. The company has a market cap of $1.86 trillion, a price-to-earnings ratio of 26.75, a price-to-earnings-growth ratio of 1.53 and a beta of 1.24. The business's fifty day moving average is $736.54 and its 200 day moving average is $657.96.

Meta Platforms (NASDAQ:META - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, beating the consensus estimate of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The company had revenue of $47.52 billion for the quarter, compared to the consensus estimate of $44.55 billion. During the same quarter last year, the business posted $5.16 EPS. Meta Platforms's revenue for the quarter was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Insider Activity at Meta Platforms

In related news, CFO Susan J. Li sold 18,332 shares of the firm's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $764.71, for a total transaction of $14,018,663.72. Following the sale, the chief financial officer owned 84,141 shares of the company's stock, valued at $64,343,464.11. This trade represents a 17.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Javier Olivan sold 517 shares of the firm's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $755.11, for a total value of $390,391.87. Following the sale, the chief operating officer directly owned 12,611 shares in the company, valued at approximately $9,522,692.21. This trade represents a 3.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 312,767 shares of company stock worth $234,716,347 over the last 90 days. 13.61% of the stock is currently owned by company insiders.

About Meta Platforms

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

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